BFC 0.00% 0.3¢ beston global food company limited

Ann: Appendix 4E & 2018 Preliminary Financial Report, page-5

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  1. 22 Posts.
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    I am glad other people also thought this report was a joke. They are selling cheese into China and dusting substantial capital in the process because next year will be good. There are very few divisions that are making a gain, and a next to no cash on the sidelines. I get trade receivables vs payable but unless they get a few monster debtors paying soon how will they pay their own bills??? I wouldn't be surprised if there isn't a capital raising (Which wont be taken up), then we get word that they have been trading while insolvent. Perhaps I am being dramatic though.
 
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